• Albemarle average net profit margin for 2023 was 27.51%, a 7.42% decline from 2022.
• Albemarle average net profit margin for 2022 was 25.61%, a 238.76% increase from 2021.
• Albemarle average net profit margin for 2021 was 7.56%, a 37.1% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.